Do you sign the merchant copy or the customer copy?

There’s No Difference Between ‘Merchant Copy’ and ‘Customer Copy.

What is the merchant copy of a receipt?

A merchant (copy) receipt is a printed or electronic copy of the transaction that contains specific information not found on the cardholder receipt that is defined later in this section.

Do you sign restaurant receipt?

Even in restaurants, there’s no legal obligation to sign the receipt, but the fact that you might not be able to tip otherwise means there is an ethical obligation. Generally, restaurants want to keep solid records of their transactions in the event of an audit, anyway.

Does it matter if you take the merchant copy?

No, it does not. Either slip acts as a little contract and buy signing it, you are agreeing to the terms of making a payment for that amount. Whether it says merchant copy or customer copy does not matter as long as the slips otherwise present the same information.

Which copy of receipt goes to customer?

RECEIPT PROCEDURES The white copy is to be given to the person, school, etc. from whom the funds were received. The pink copy is the finance copy; it should be attached along with money to the cash receipt transmittal form and returned to the Office of Finance within 3 days of receiving the money.

Does customer keep white or yellow receipt?

The yellow copy is to stay in the office receipt book and to be retained in the receipting office. Exception – If a mistake is made while writing receipt it may be voided. Mark the receipt VOID and retain the original white copy in the receipt book along with the yellow copy.

Is the merchant the customer?

As nouns the difference between merchant and customer is that merchant is a person who traffics in commodities for profit while customer is a patron; one who purchases or receives a product or service from a business or merchant, or intends to do so.

Do you have to sign a receipt at a restaurant?

Of course, you can apply the same technique in person, too, though there’s some contact with public surfaces involved. Even in restaurants, there’s no legal obligation to sign the receipt, but the fact that you might not be able to tip otherwise means there is an ethical obligation.

Why does restrestaurants give two receipts?

Restaurants provide two receipts so that there’s a copy for their records and a copy for yours. The only reason they’re even labeled differently is that we’re complete fucking idiots. Imagine you were given two identical receipts. You wouldn’t even know what to do with yourself!

What is the purpose of a signed receipt?

The primary purpose of a signed payment card reciept is to prove that the customer was physically present at the merchant location to sign, tip and total the reciept. If the two receipts are identical up to the wording “merchant copy” and “customer copy”, then any signed receipt would be a defense for a merchant in a chargeback investigation.

What is the difference between merchant and customer receipts?

In reality, then, there’s no functional difference between the merchant and customer receipts. The dining experience hinges upon a false set of constructs and rules in order to function cohesively.